Resource owners supply resources in ways that

In the market for reserves, a lower interest rate paid on excess reserves

A) decreases the supply of reserves. B) increases the supply of reserves. C) decreases the effective floor for the federal funds rate. D) increases the effective floor for the federal funds rate.

If protective import-restricting quota are imposed by a country, in the majority of cases that nation's consumers end up

A) paying a lower price for the good than they otherwise would. B) consuming more of the good than they otherwise would. C) having more consumption choices than they otherwise would. D) consuming less of the good than they otherwise would.